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Robotics Lab Physical Intelligence in Talks for a $20 Billion Valuation

Physical Intelligence, a startup developing artificial intelligence software to power robots for real-world tasks, is in funding talks that would nearly double its valuation to roughly $20 billion, according to people familiar with the matter.

Read the full story at Bloomberg AI ↗

Timeline · 2 reports

  1. 2026-10-27 20:20 · Techmeme
    Sources: AI robotics startup Physical Intelligence is in talks to raise $1B+ led by Avenir and Lux Capital at a ~$20B valuation, up from $11.5B earlier in 2026 (Bloomberg)
  2. 2026-10-27 19:43 · Bloomberg AI
    Robotics Lab Physical Intelligence in Talks for a $20 Billion Valuation

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